GameonVentures

CMT, H4, Neutral, 200%

BINANCE:CMTBTC   None
CMT Review
Hello, long time no see

CMT has made unexpected changes, when the wave 5 completed quickly in the positive changes from the market. We think the current trend is to recover before falling further price of CMT.

Current Trends CMT is recovering 38% of its peak to complete a Correction wave before heading back to its main trend, which is expected to last for one to two weeks.

With the current price of 1541, FR 61% is the ideal price range to buy. However, with the current situation, we will wait for the best price of CMT or price action with FR 78. % correlates to 1313. We will closely follow this PRICE action and the signal is good enough we will buy at 1541.

For CMT's buy sell order, we now have a high risk rating, a high RR, so waiting for price action is indispensable. The price range of 1141 and below is the price that will lead CMT with target less than 500 sts.

Recommendations for regular updating of CMT:

EP: 1313 (1544 if PA is not enough)
TP: 2579
TG: 3057 (over 200% price target)

Be sure to set SL for every transaction to preserve your account.

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